Thu.Oct 26, 2017

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How to make a small problem into a big one.

Berkonomics

Allowing small problems to escalate into big ones is simple. Just ignore the signs for long enough and the job is done. It takes far more energy to review regularly the key performance indicators you’ve established for each individual and yourself. But a small excursion caught early and corrected saves massive corrective resources later. Take for example the manufacturing company with a small quality problem in one component, resulting in a test failure rate above the norm.

Resource 243
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Saudis to Invest $1B in Virgin Galactic, Virgin Orbit

L.A. Business Journal

The Public Investment Fund of Saudi Arabia said Thursday it had reached a non-binding memorandum of understanding to invest $1 billion in space tourism company Virgin Galactic.

Invest 167
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ServiceNow Buys SkyGiraffe

socalTECH

Santa Clara- and San Diego-based ServiceNow said on Wednesday that it has acquired San Mateo-based SkyGiraffe , a developer of a mobile software development platform. Financial details of the buy were not disclosed. ServiceNow said the buy will help its customers easily deliver "consumer-like" mobile experiences for applications build on its Now Platform.

San Diego 164
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Los Angeles Audience Based Buying Summit

SoCal Tech Calendar

Wednesday, November 1, 2017 -- Innovation In The Face Of Programmatic Chaos. If you are like most brands, agencies and adtech companies, you are probably spending a significant portion of your day trying to implement successful strategies for Audience Based Buying in the wake of chaos. If you are challenged to find scale, success and global solutions, know that you are not alone.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Snapchat Avoids Fake News With Secret Weapon: Humans

socalTECH

As more and more revelations of abuse of advertising systems at Google and Facebook by Kremlin-linked advertisers continue to surface--Venice, California-based Snapchat has managed to keep itself free of "fake news" using a secret weapon: humans. According to a report from Bloomberg, published Thursday , Snapchat has employed a team of human editors to surface legitimate, professionally edited content, specifically curating the news it is presenting to its users.

Snapchat 124
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You got your VC meeting, now what?

SoCal Tech Calendar

Wednesday, November 1, 2017 -- Insider Insights: You got your VC meeting, now what? San Diego Venture Group. You got your VC meeting, now what? Just like your company is unique, so too are venture capitalists and their investment strategies. Many life science entrepreneurs will work hard to get the meeting, but then donÂ’t take time to actually prepare to meet with the specific partnership.

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LA CEOs breakfast: International Considerations

SoCal Tech Calendar

Wednesday, November 1, 2017 -- LA CEOs breakfast: International Considerations. LA CEOs, an education and support group for qualified CEOs and CFOs (No Service Providers) is happy to host Perry Wallack,a co-founder and CFO for Cornerstone OnDemand, since its inception through post IPO will share his thoughts on growing internationally. This sponsor supported event is restricted to qualified CEOs and CFOs only.

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GoFundMe Launches Studio Arm

socalTECH

San Diego- and Redwood City-based GoFundMe , the online social crowdfunding site which lets people raise funding for everything from personal causes to nonprofit efforts, said today that it has launched GoFundMe Studios. According to GoFundMe, the new video production studio will be developing films that tell the many stories which emerge through the site.

San Diego 113
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Silicon Beach Report Oct. 26: Saudis to Invest $1B in Virgin Galactic, Virgin Orbit

L.A. Business Journal

Saudis to invest $1 billion in Virgin Galactic and Virgin Orbit, Snapchat avoids fake news with human editors, and Tinder and other dating apps vulnerable to hacking.

Invest 100
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Marlin Equity Buys Logi Analytics

socalTECH

Los Angeles-based private equity investor Marlin Equity Partners has acquired business intelligence and analytics software developer Logi Analytics , the two said Thursday morning. Financiald details on the transaction were not announced. Logi is based in Mclean, Virginia, and develops software that is used by application developers create analytics apps for the enterprise, business intelligence market.

Equity 113
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Everything You Need to Know About Hyperloop

Tech.Co

Since 2013, when Elon Musk released his white paper for an emerging mode of transportation using low air pressure within a tube, companies around the world have answered the call to build the next generation of futuristic transportation. Since that time the speed at which companies have developed both technologically and from a business perspective has been nearly as staggering as the 760 mph system itself.

SpaceX 102
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Virgin Galactic To Get $1 Billion From Saudi Arabia

socalTECH

Mojave-based commercial spaceflight developer Virgin Galactic said on Thursday that the Kingdom of Saudi Arabia will invest $1 billion into the company. The funding comes from the Public Investment Fund (PIF) of Saudi Arabia , which also has the option to invest an additional $480M in the company for future space services. The deal was announced by HRH Prince Mohammad bin Salman Al-Saud, Crown Prince of Saudi Arabia, Deputy Prime Minister, Chairman of the Council of Economic and Development Affa

Invest 100
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5 Largest Funding Rounds Raised in 2017

Tech.Co

While a good idea can thrust you into the limelight and the right connections can boost your chances of success, startups need funding to survive. In the business world, the reality is that money talks and the more of it you have, the louder you'll be. Fortunately, there are thousands of options for raising capital, from angel funds and VC firms to crowdfunding campaigns and looking through your couch cushions.

Funding 70
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Impact Biomedicines Raises $90M In Structured Financing

socalTECH

San Diego-based Impact Biomedicines has raised $90M in a structured financing from Oberland Capital, the company said today, to help it advance commercialization of its compound for the treatment of myelofibrosis (MF) and polycythemia vera (PV). According to Impact Biomedicines, the financing initially involves two milestone-based payments of $20 million each from Oberland Capital, with an additional $35 to $50M available once its lead compound, fedratinib, is approved by the U.S.

San Diego 100
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Terminated Blood Cancer Drug Springs Back to Life at SD Biotech

Xconomy

A blood cancer drug resurrected by the scientist who helped discover the compound, and who shepherded it through years of R&D, got a shot in the arm today, in the form of a $90 million financing deal with New York’s Oberland Capital. The financing paves the way for San Diego’s Impact Biomedicines to move forward with its plans to resume development of the drug fedratinib, Impact Biomedicines CEO John Hood (pictured above) said Wednesday.

Capital 71
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Tech Scenes: Espree Devora of WeAreLATech

socalTECH

Welcome to Tech Scenes where we explore what makes tech founders and the cities they live in thrive. In this solo episode we meet up with Espree Devora and talk about WeAreLATech , the LA tech community, collaboration, LA tech growth, and the passion behind being a tech connector in Los Angeles. Watch Tech Scenes Episode One where we explore Los Angeles from Santa Monica, West Hollywood, to Compton and meet up with Royce Disini of Mobcrush, Greg Bettinelli of Upfront Ventures, Leura Fine of Laur

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Watch Out, VCs: A.I. Program Judges Startups at Boston Pitch Event

Xconomy

I rarely attend startup pitch competitions anymore. They’ve grown hackneyed over the past few years, thanks to a proliferation of such events and the popularity of the TV show “Shark Tank.” But a startup contest held Tuesday at a machine learning conference in Cambridge, MA, put a twist on the typical scenario: the startups were judged by an artificial intelligence software program, instead of a panel of investors.